ACE Module On \'Applied Statistical Methods\' At CII

ACE Module On \'Applied Statistical Methods\' At CII

 

About The Event

All effective means of business monitoring, improvement or control require the capability to measure key performance parameters and make sound decisions based on the results of analysis of that data. In the vast majority of cases that data will be (at least partially) numerical – and statistical methods are the appropriate techniques for analysing numerical data. This module deals with the collection and analysis of data on system performance, output quantities and product quality with the aim of making more informed business decisions in a robust, rigorous and objective manner.

Objectives
The module aims at making participants capable of
* Understanding the nature and significance of variation
* Selecting and carrying out appropriate statistical analysis
* Recognising when additional, more specialised analysis is required
* Developing his or her statistical skills further where necessary.

Contents
* Summarising Statistics
* Exploratory Data Analysis
* Probability
* Continuous and Discrete Distributions
* Sampling and Testing
* Goodness of Fit
* Analysis of Variance (ANOVA)
* Regression Analysis
* Design of Experiments
* Dealing with poor quality data; Non-Parametric Techniques and Contingency Tables
* Case Studies
* Industrial Examples of Application

Methodology
The module uses a case-study approach to help participants analyse business situations. The entire course is interactive based upon lectures and exercises taken directly from industry.

Target Audience
The module is aimed at middle and senior level executives responsible for strategic decision making, for delivering performance or quality improvements or for determining optimum resource allocation in support of business processes. The module assumes no prior experience with statistical techniques and concentrates on the application, rather than derivation of the tools. Whilst the use of computer software for execution will be covered it is essential that all participants come equipped with a calculator capable of performing basic statistical functions.

Schedule of Sessions : Dates : August 16 - 20, 2011
Session Timings : 8:30am to 5:30pm (Tuesday - Friday) 8:30am to 12:00 noon (Saturday)

Registration :
Prior registration for participation by sponsoring companies is necessary. Total nominations to be

accepted will be 35. Certificate of Participation will given to the participants.

Participation Fees :
Rs 40,000 per participant (non-residential). To the amount of fees, 10.30% will have to be added as service tax. Fees include participation, course material (hard copies), lunch, tea / coffee. Advance payment of fees is to be drawn in favour of “Confederation of Indian Industry” payable at Mumbai. Participation fee is non-refundable/ non-adjustable against any other programme of CII, but change in nomination(s) is accepted.

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